C+
Market note AH ·

Money Temperature · Risk-on rally — 1 heating / 3 cooling

Regime read: Risk-on rally (moderate). Largest swing: Risk vs Haven +32.00 (heating).

Money Temperature 4-metric read for July 16, 2026. Regime: Risk-on rally.
Heating (1): Risk vs Haven.
Cooling (3): Duration Rotation, Tech Premium, De-dollarization.
Full reading:
  · Risk vs Haven — +32.00 (heating) — >0 = risk-on, <0 = haven bid
  · Duration Rotation — -32.00 (cooling) — >0 = flight to quality
  · Tech Premium — -18.00 (cooling) — >0 = AI premium, <0 = rotation out
  · De-dollarization — -18.00 (cooling) — >0 = dollar weakness
→ closelook.net/lab/temperature/